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Digital Currency Revolution

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Digital currency or digital money is an Internet-based medium of exchange distinct from physical (such as banknotes and coins) that exhibits properties similar to physical currencies, but allows for instantaneous transactions and borderless transfer-of-ownership. Like traditional money these currencies may be used to buy physical goods and services but could also be restricted to certain communities such as for example for use inside an on-line game or social network. In this series, we cover stories and provide insightful analysis of the digital currencies such as bitcoin with no central point of control over the money supply.

Digital Currency Revolution

FxWirePro: BTC/EUR downside capped by 89- 4H EMA, good to sell on rallies

May 31, 2017 07:52 am UTC| Digital Currency

BTC/EUR is consolidating between 2231 and 1940 for the past 3 trading session. The pair has declined till 2008 yesterday and shown a minor recovery from that level (CEXIO). Intraday weakness can be seen only below 2000...

Digital Currency Revolution

IRS actions sets ‘dangerous precedent’ for bitcoin companies: US Congress on IRS-Coinbase dispute

May 31, 2017 05:57 am UTC| Digital Currency

The members of the U.S. Congress have issued a letter to the Internal Revenue Service (IRS) on the agencys ongoing tussle with digital currency exchange Coinbase. The IRS last year issued a John Doe summons to Coinbase...

Digital Currency Revolution

Blockchain asset exchange OKCoin adds support for Ethereum trading

May 31, 2017 05:07 am UTC| Digital Currency

Leading blockchain asset exchange platform OKCoin has formally launched Ethereum trading (ETH) on its exchange. With Ethereum being second among the blockchain assets in terms of market cap, there has been an increased...

Digital Currency Revolution

Dutch Bitcoin Exchange BL3P expands to Euro area

May 31, 2017 05:01 am UTC| Digital Currency

BL3P, a subsidiary of the first bitcoin company in The Netherlands Bitonic, has announced the expansion of its services to the Single Euro Payments Area (SEPA). BL3P is now available to all EU residents [plus the...

Digital Currency Revolution

FxWirePro: BTC/CNY struggles to close above 61.8% fibo, good to sell on rallies

May 30, 2017 12:13 pm UTC| Digital Currency

BTC/CNY is trading in narrow range between 15550 and 14000 for the past two trading sessions (BTCCHINA). It is currently trading around 15180 levels at press time. The pair has shown a minor jump above 61.8% retracement...

Digital Currency Revolution

FxWirePro: ETH/EUR trades higher, good to buy on dips

May 30, 2017 11:05 am UTC| Digital Currency

ETH/EUR pair has formed a minor bottom around 113 and jumped sharply near all-time high from that level (KRAKEN). The pair jumped till 200 at the time of writing and it is currently trading around 192 at the time of...

Digital Currency Revolution

FxWirePro: ETH/USD trades higher, break above 113% fib targets 256

May 30, 2017 10:15 am UTC| Digital Currency

ETH/USD surpassed previous high of 210 levels on Tuesday and hit 218 levels. It is currently trading at 207 levels at the time of writing (BTC-e). Ichimoku analysis (Daily chart): Tenkan-Sen: 162.53 Kijun-Sen:...

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Economy

Viksit Bharat 2026: Fiscal Muscle, Factory Revival, and the War on Speculation

Finance Minister Nirmala Sitharamans Union Budget 202627 pursues the Viksit Bharat vision vigorously by combining severe fiscal discipline with a huge growth push. Driven by a 7% GDP growth objective and a lowered fiscal...

EU Recovery Fund Faces Bottlenecks Despite Driving Digital and Green Projects

Across Spains olive groves and vineyards, sensors and drones funded by the European Unions massive post-pandemic recovery plan are collecting soil data to power AI-driven farming. These projects reflect the core ambition...

Asian Markets Slide as Silver Volatility, Earnings Season, and Central Bank Meetings Rattle Investors

Asian share markets opened the week on a cautious note, largely tracking weaker Wall Street futures, as extreme volatility in silver prices and a packed global economic calendar unsettled investors. The sharp moves in...

India Budget 2025 Highlights Manufacturing Push but Falls Short of Market Expectations

Indias latest Union Budget placed manufacturing firmly at the center of its economic strategy, prioritizing key sectors such as semiconductors, biopharma, electronics, renewables, and capital goods. While the government...

Starmer’s China Visit Highlights Western Balancing Act Amid U.S.-China Rivalry

British Prime Minister Keir Starmers recent visit to China underscores the complex balancing act Western middle powers are attempting as rivalry between Beijing and Washington intensifies. While the trip allowed China to...

Politics

Medvedev Warns World Is Growing More Dangerous but Says Russia Seeks to Avoid Global Conflict

Dmitry Medvedev, Russias deputy chairman of the Security Council and a senior Kremlin security official, has warned that the global situation is becoming increasingly dangerous, while stressing that Russia does not want a...

Laura Fernandez Set to Become Costa Rica’s Next President, Promising Sweeping Political Change

Laura Fernandez is poised to become Costa Ricas next president, marking a significant political shift as she pledges to continue and deepen the populist agenda of outgoing President Rodrigo Chaves. Her victory signals a...

Peter Mandelson Resigns from Labour Party Amid Renewed Jeffrey Epstein Links

Former British government minister Peter Mandelson has resigned from Prime Minister Keir Starmers Labour Party following renewed media scrutiny over his past connections to disgraced U.S. financier Jeffrey Epstein. The...

Japan Election Poll Signals Landslide Win for Sanae Takaichi, Raising Fiscal Policy Concerns

Japans ruling Liberal Democratic Party (LDP), led by Prime Minister Sanae Takaichi, is poised for a decisive victory in the upcoming lower house election, according to a new opinion poll released by the Asahi newspaper....

U.S. Accuses Cuba of Harassing Top Diplomat Amid Rising Tensions

The United States has accused Cuba of interfering with the work of its senior diplomat in Havana after videos emerged showing small groups of Cubans verbally harassing him during visits outside the capital. The incident...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure

Oracle has announced plans to raise between $45 billion and $50 billion in 2026 as it accelerates the expansion of its cloud infrastructure to meet surging demand from major technology and artificial intelligence clients....

SpaceX Seeks FCC Approval for Massive Solar-Powered Satellite Network to Support AI Data Centers

Elon Musks SpaceX is seeking approval from the U.S. Federal Communications Commission (FCC) for an ambitious plan to launch up to 1 million satellites into Earths orbit, aiming to harness solar energy in space to power AI...

Nvidia Confirms Major OpenAI Investment Amid AI Funding Race

Nvidia CEO Jensen Huang has confirmed that the chipmaking giant plans to make a massive investment in OpenAI, calling it likely the largest investment Nvidia has ever made. Speaking to reporters in Taipei, Huang dismissed...

Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate

Speculation around a potential Musk Inc has resurfaced as Elon Musks companiesSpaceX, Tesla, and xAIexplore closer ties amid rapid advances in artificial intelligence and automation. With SpaceX expected to go public later...

SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz

SpaceX delivered a strong financial performance last year, generating an estimated $8 billion in profit on revenues between $15 billion and $16 billion, according to people familiar with the companys results. The figures,...

Digital Currency